This bill amends the existing law regarding real estate and personal property tax exemptions for religious properties. Specifically, it modifies RSA 72:23, III by removing the requirement that church parsonages must be "occupied by their pastors" to qualify for tax exemptions. Instead, the bill introduces new language to include "parsonages that are rented or vacant" as eligible for these exemptions. This change aims to broaden the scope of properties that can benefit from tax relief, thereby supporting religious organizations in managing their housing allowances for pastors.

The bill also maintains exemptions for houses of public worship, parish houses, convents, monasteries, and related properties used for religious purposes by recognized denominations. The effective date for this act is set for July 1, 2025, allowing time for implementation and compliance by affected entities.

Statutes affected:
Introduced: 72:23, 674:76
As Amended by the Senate: 72:23, 674:76
As Amended by the House: 72:23
Version adopted by both bodies: 72:23
CHAPTERED FINAL VERSION: 72:23
SB291 text: 72:23, 674:76